Rent to own Homes in Quincy, MA
With so many great features, it is easy to understand why finding a home in Quincy takes some effort. The vacancy rate is only 3 percent. Homes are primarily owner occupied - approximately 58.9 percent - and the remaining rental units and rent to own homes have a wide variety of tenants, including students, families, and people from every part of the world. If you are in the market to buy, the time is right. The median sales price over the past year was $331,000, which is an increase of 14.5% over the same period the year before. That means Quincy is on the road to recovering from the economic events of the last five years, but prices are still appealing.
Quincy, MA is a great place for affordable rent-to-own homes! With a median household income of over $80,462 and a median rent of $1,659, the Quincy, MA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Quincy, MA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Quincy, MA Property Resources
Rent to own Homes in Cities Near Quincy, MA
- Abington
- Andover
- Arlington
- Avon
- Bedford
- Belmont
- Beverly
- Boxford
- Braintree Town
- Bridgewater
- Brockton
- Burlington
- Carlisle
- Chelsea
- East Bridgewater
- East Weymouth
- Everett
- Halifax
- Hanson
- Hingham
- Holbrook
- Hull
- Lincoln
- Lynn
- Lynnfield
- Malden
- Marblehead
- Marshfield Hills
- Medford
- Melrose
- Middleton
- Nahant
- North Pembroke
- North Reading
- North Scituate
- Peabody
- Reading
- Revere
- Saugus
- Somerville
- Southfield
- Stoneham
- Swampscott
- Tewksbury
- Topsfield
- Wakefield
- West Concord
- Wilmington
- Winchester
- Woburn
Neighborhoods in Quincy, MA
Adams Shore rent to own homes Quincy Point rent to own homes Houghes Neck rent to own homes Germantown rent to own homes Quincy Center rent to own homes West Quincy rent to own homes Wollaston rent to own homes Montclair rent to own homes Merrymount rent to own homes South Quincy rent to own homesPopular Zip Codes in Quincy, MA
02269 rent to own homes 02169 rent to own homes 02171 rent to own homes 02170 rent to own homesBuying a Home in Quincy, MA
Quincy, MA is seeing rapid growth and Quincy, MA's' housing market remains not optimal with an average home price that is 108% above the 2024 national average. Quincy, MA is part of Norfolk county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Norfolk is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Quincy, MA
Median Rent in Quincy, MA
Quincy's Tourist Destinations The Adams National Historic Park is the first place to take your out of town visitors. Touring the small home where John Adams was born is a step back in time, and it is especially interesting to compare that with the nearby Peacefield mansion, the substitute White House where both Presidents spent their summers. The United First Parish Church offers a look at the crypt where the Adams family is buried. Those that want an in-depth look at Quincy's history can find all of the details at the Quincy History Museum, built in the former Adams Academy - a boys' school founded by John Adams.
Quincy's Public Schools The Quincy Public School System offers education opportunities for students from preschool through high school. It consists of eleven elementary schools, five middle schools, two high schools, and one early childhood education center, which is notable because it is one of just a handful of public preschools in the state. Quincy is also unique in that it offers extensive summer programming for students, including the following:
Quincy's Neighborhoods There are eleven distinct neighborhoods in Quincy, and like everything about the area, there is a long history in the development of each. Some were created based on the landscape - for example, some grew around the water when water was a critical part of commerce. Others are so geographically isolated that they didn't attract residents until much later. Adams Shore is very close to Quincy's beaches, and Quincy Point was originally settled due to its proximity to the shipyard. Germantown was named for the many German workers that came to work in the shipbuilding industry, and today it is the most affordable place to live in the city. One of the most popular neighborhoods is Merrymount, where the Adams family first purchased land and founded what would later become the city of Quincy. This area features lovely homes from the first half of the 20th century, most of which enjoy stunning views of the water and marshlands.